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in the first lace that republicans put us on the path to the fiscal cliff by not doing what congress -- dozens of congresses have done, which is to extend the debt limit, not spend more money on getting into debt. >> that's to pay the interest on the debt we already 0. >> that's exact right. >> we are here right now, this republican, you know, fiscal cliff because they forced us to be here because they wouldn't do the responsible thing in 2011. >> exactly. look, we are here because the republicans did what no family may america would do, they took out the credit card. they put expenses on that credit card and decided we don't want to pay what we owe. these were their decisions. history is interesting but it's not going to get us away from this cliff. what will is pass the petition now. we can argue history later. give the middle class a break get the 218 signatures. there is not a single middle class american who will have to worry about whether they will have the money in their pay checks on january 1st to pay for the holiday gifts they bought in decembe
it comes to taxes. as you all know by now house republicans sent in a fiscal cliff counter offer yesterday but the white house is calling it no good. i want to give you an idea of where the two sides stand right now. boehner's new plan would raise $2.2 trillion. now it would extend the bush tax cuts for everyone and yes that does include the top 2%. and it would instead raise $800 billion in revenue from so-called tax reform and that's what we mean when we talk about capping deductions and closing loopholes. the rest of the money comes from cuts to both mandatory and discretionary programs. now to recap again on the president's offer, he wants to raise $1.6 trillion, that's double boehner's amount on the rich an and he's asking for more than $200 billion in stimulus spending and promising about $400 billion worth of cuts to social programs. now obviously those two plans have very little in common. neither side is budging when it comes to their demands on taxes. but now here are a few problems with boehner's proposal.
to reach out to republicans in order to avoid the fiscal cliff. president obama first invited romney on election night when romney called to concede and the romney adviser said it is very gracious and the right thing to do. no aides will be present at today's meeting. the two will speak one on one. even though the two parties are saying they are willing to reach across the aisle during fiscal cliff negotiations, we're not seeing much in terms of a deal. the latest roadblock is the cost of federal retirement programs. republicans are staying is up to the president to cut back on medicare medicaid and social security but democrats want entitlement programs completely off the table. today, the white house is sending treasury secretary timothy geithner and congressional negotiator rob neighbor to capitol hill where they will lay out their proposal with speaker boehner. more bill press is coming up after the break. as always, we're live in our chat room and would love to see you there. current.com/billpress. we're rig
the fiscal cliff. ruth says i've said for a long time republicans are so far to the right they're falling off the edge. i didn't realize it was a cliff they were up against. mark says i have my seat belt on and i'm ready to go over the cliff. no deal is better than a b.s. deal. and skip says the g.o.p. is on their way to wiping out the remainder of the middle class ending social security medicare and medicaid and home mortgage deductions. >> bill: so, michael, we hear that more and more from democrats that better to go over the cliff better no deal than a bad deal. do you agree? >> yeah, i do agree. it depends on how bad the deal is but there is a spectrum. >> bill: if the deal includes extending the bush tax cuts for the wealthiest of americans for another two years. >> no. that's not a deal worth making. that's just not a deal worth making. the fact of the matter is we're at a tough spot. we're caught between a rock and a hard place. we don't want to go over the cliff. if we can avoid it, the congress
it to pound these republicans into coming on a sensible deal on the fiscal cliff? got the power. use it or lose it. >> this is the full court press, "the bill press show," live on your radio, and on current tv. [ music ] that viewers like about the young turks is that we're honest. they can question whether i'm right, but i think that the audience gets that this guy, to the best of his ability, is trying to look out for us. we've got to get done in this current tv.smocks [ music ] [ music ] >> this is "the bill press show" >> bill: here we go 26 minutes after the hour on a friday, friday, november 30th. my latest column is about this susan rice nonsense. heading my column is: what did susan rice know? and when did she know it? check out the column at billpressshow.com. we are talking about president obama won this election overwhelmingly when everybody said he didn't have a chance getting re-elected. of course, first we start out with joe biden at costco yesterday, peter. >> he want to costco. we are tweeting at bpshow. one person says romney was at the white
's home page, the actual heading reads, quote response to president obama's unserious fiscal cliff proposal. is unserious a word? in john boehner's universe, i guess. >> as much of a word as flabbergasted is. >> bill: robert calls him the weeper of the house. kitty jon says says i started my campaign against boehner last week saying what you are discussing this morning. i don't plan to let up on it although i believe it falls on deaf ears. peter, how do people john campaign? >> peter: on twitter@speaker boehner. speaker.gov/contact, 202-225-0600, how to get in touch with speaker boehner >> bill: the message is simply at that time cut for 98% of the americans, lead or get out of the way. >> "the bill press show." >> yesterday we saw both sides accusing each other of not getting anything done. speaker john boehner said on fox news sunday, right now we are nor, period. here is let's take a look at treasury secretary timothy geithner on abc's "this week". >> this is no responsible wake we can govern this country with those low rates. they will have
Search Results 0 to 5 of about 6